Tutor Perini declares cash dividend and authorizes $200M share repurchase

Rhea-AI Filing Summary

Tutor Perini Corporation announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share. The dividend will be paid on December 23, 2025 to shareholders of record as of the close of business on December 9, 2025, providing a direct cash return to existing investors. The Board also authorized a new $200 million share repurchase program, allowing the company to buy back its common stock over time. These actions, disclosed under Regulation FD, outline a capital return framework combining ongoing dividends with potential share repurchases.

Positive

• Capital return program: Board declared a recurring quarterly cash dividend of $0.06 per share and authorized a $200 million share repurchase program, enhancing direct cash returns to shareholders.

Negative

• None.

Insights

Equity Capital Allocation Analyst

Tutor Perini adds a $0.06 dividend and a $200M buyback authorization.

Tutor Perini disclosed that its Board declared a quarterly cash dividend of $0.06 per share, with payment on December 23, 2025 to shareholders of record on December 9, 2025. A recurring dividend signals a commitment to returning cash directly to shareholders as part of the company’s capital allocation mix.

In addition, the Board authorized a share repurchase program of up to $200 million of common stock. A repurchase authorization permits the company to buy back shares but does not require a specific pace or amount of purchases. Actual impact on share count and per-share metrics will depend on how much of this authorization is utilized and at what prices.

The disclosure was made as a Regulation FD item, meaning it is intended to provide broad, simultaneous information to the market. Future company communications and periodic reports may provide detail on the timing and extent of repurchases executed under the $200 million program and whether the $0.06 dividend level is maintained, increased, or adjusted over subsequent quarters.

8-K Event Classification

2 items: 7.01, 9.01

2 items

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

0000077543false00000775432025-11-182025-11-18

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 18, 2025

Tutor Perini Corporation

(Exact name of registrant as specified in its charter)

Massachusetts			1-6314			04-1717070
(State or Other Jurisdiction of Incorporation)			(Commission File Number)			(IRS Employer Identification No.)

15901 Olden Street, Sylmar, California 91342-1093

(Address of Principal Executive Offices, and Zip Code)

(818) 362-8391

(Registrant’s Telephone Number, Including Area Code)

None

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock, $1.00 par value			TPC			The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company						☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.						☐

Item 7.01 Regulation FD Disclosure.

On November 18, 2025, Tutor Perini Corporation (the “Company”) issued a press release announcing that the Company’s Board of Directors has declared a quarterly cash dividend of $0.06 per share payable on December 23, 2025, to all shareholders of record at the close of business on December 9, 2025, and authorized a $200 million share repurchase program. A copy of that press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

The information in this Current Report on Form 8-K, including Exhibit 99.1 hereto, is being furnished to the Securities and Exchange Commission and shall not be deemed “filed” for any purpose, including for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of such section. The information in this Current Report on Form 8-K shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, regardless of any general incorporation language in such filing.

Item 9.01. Financial Statements and Exhibits

(d)          Exhibits

Exhibit Number						Description
99.1						Press release
104						The cover page from this Current Report on Form 8-K formatted in Inline XBRL (included as Exhibit 101).

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

						TUTOR PERINI CORPORATION
Date:			November 18, 2025			By:			/s/ Ryan J. Soroka
									Ryan J. Soroka
									Executive Vice President and Chief Financial Officer

3

FAQ

What did Tutor Perini Corporation (TPC) announce in this 8-K?

Tutor Perini Corporation announced that its Board declared a quarterly cash dividend of $0.06 per share and authorized a new $200 million share repurchase program.

What is the amount and timing of Tutor Perini (TPC)'s new dividend?

Tutor Perini declared a quarterly cash dividend of $0.06 per share, payable on December 23, 2025 to shareholders of record at the close of business on December 9, 2025.

How large is Tutor Perini (TPC)'s authorized share repurchase program?

The Board of Tutor Perini authorized a share repurchase program for up to $200 million of the company’s common stock.

Does Tutor Perini (TPC) have to use the full $200 million repurchase authorization?

The disclosure states the Board authorized a $200 million share repurchase program, which permits but does not obligate the company to repurchase that full amount of stock.

Under which item of Form 8-K did Tutor Perini (TPC) make this disclosure?

Tutor Perini made this disclosure under Item 7.01, Regulation FD Disclosure, and noted that the information is being furnished rather than filed.

Will the dividend and repurchase details be incorporated into other Tutor Perini (TPC) filings?

The company stated that the information, including Exhibit 99.1, shall not be deemed incorporated by reference into any Securities Act or Exchange Act filing, regardless of general incorporation language.